PPRuNe Forums - View Single Post - Destruction of GA – huge indemnity insurance
Old 18th Mar 2018, 06:39
  #27 (permalink)  
Lead Balloon
 
Join Date: Nov 2001
Location: Australia/India
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Precisely, RA.

Lots of people labour under the misconceptions that (1) imposing an obligation to have insurance is equivalent to the protection of having insurance and (2) having insurance is equivalent to the insurance company writing a cheque.

These levels of naïveté are why insurance companies (and now airport owners) make so much money.

Last edited by Lead Balloon; 18th Mar 2018 at 06:49.
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